Why Industry Observers Say Coinbase's Embrace of Ethereum Was a ‘No Brainer'
For some market observers, the embrace of Ethereum by exchange and wallet startup Coinbase was a long time coming. Last month, the co-founder of one of the most heavily funded bitcoin startups, Coinbase, announced that its digital currency exchange would start trading ethers, the native cryptocurrency of the Ethereum network. The move came after the startup hosted creator Vitalik Buterin at its headquarters for a presentation on Ethereum. Yet it was the way co-founder Fred Ehrsam released the news – with a complete rebrand to one of the company’s core products accompanied by a strongly....
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An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.”
From Goldman Sachs to Coinbase
Roger Bartlett is leaving global investment bank Goldman Sachs to join crypto exchange Coinbase. At Goldman Sachs, he was a managing director and global co-head of operations for Global Markets for one year. Before that, he was the global....
Ethereum creator Vitalik Buterin gave a presentation at the headquarters of San Francisco bitcoin startup Coinbase this week in which he outlined the road ahead for the open-source blockchain project. Fresh off the launch of its first production-ready version Homestead, a number of bitcoin industry startups have begun to take a closer look at Ethereum, exploring its capabilities as part of pilot projects. Coming amid the ongoing block size debate, as well Coinbase CEO Brian Armstrong’s pointed criticisms of the bitcoin network, the event sparked speculation on social media forums in the....
The announcement from the Coinbase team regarding the distribution of Ethereum Classic has led to a controversial debate amongst Ethereum investors on the Coinbase exchange. The announcement from the Coinbase team regarding the distribution of Ethereum Classic has led to a controversial debate amongst Ethereum investors on the Coinbase exchange. On July 26, the Global Digital Asset Exchange (GDAX), a cryptocurrency exchange operated by the Coinbase team, released a statement to clarify that customers who stored ether on the GDAX platform prior to the Ethereum hard fork will be enabled to....
Coinbase adds Ethereum just a day after a historical and highly successful hardfork. Coinbase customers in 32 countries can now easily directly buy, sell store and send eth from their Coinbase account, making a conversion from btc to eth unnecessary, saving money in conversion fees. The ability to buy eth further extends to a new widget recently announced by Coinbase – Coinbase Buy Widget – which in partnership with other platforms, such as Brave Browser, allows users to buy Eth directly from the browser or website. The service will further expand to Australia in the coming weeks.....
In the wake of the DAO hack, which had dire implications for the Ethereum blockchain, multiple exchanges acknowledged the existence of new alternative tokens, Ether Classic, based on the original Ethereum code. Exchanges accepted the new “ETC.” Ultimately, Coinbase worked towards the same. That decision turned out to be costly, as the exchange found itself in the middle of the war between Ethereum and its “Classic” rival. Coinbase Got Replayed. The company did suffer from a costly attack itself as fallout of the Ethereum attack. Coinbase CEO tweeted: The biggest news over the past two....